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Highlights
- Launched in April 2021, PAPPAY crypto aims to be one of the leading projects that offer crypto payment services on the Internet.
- PAPPAY token was seen zooming by over 300%.
- PAPPY was trading at $0.000042 with a trading volume of US$173,554 on 7 January.
PAPPAY is a Binance Smart Chain-driven crypto that is setting the crypto charts on fire. On a day, when the majority of the cryptocurrency market is facing a lull, PAPPAY token was seen zooming by over 300%. Not just the price surge, but it also saw a massive volume spike by 150%.
PAPPAY, in fact, has been seeing a good week so far, as it had topped the charts with over 1000% gains on Thursday and over 600% gains on Monday. Such has been its hike that it had made itself a worthy opponent to the likes of other metaverse tokens and tokens which offer crypto payment tools.
Also read: Top 4 NFTs to watch out for in 2022
What is PAPPAY crypto?
Launched in April 2021, PAPPAY crypto aims to be one of the leading projects which offer crypto payment services on the Internet. With the growth of cryptocurrencies, the importance of crypto-related activities too has gained traction. As a community-driven project, PAPPAY focuses on development and transparency. The holders of the token are provided with a redistribution of 5% of the transaction fees.
PAPPAY boasts of a strong liquidity mechanism as with each transaction, 2% of BNB is automatically added onto its liquidity platform. The users of the token can also earn passive income and transact in a faster, safer, and secured manner.
Also read: Is Bitcoin losing market dominance good news for investors?
Is PAPPAY a good investment for you?
PAPPAY crypto is governed by its native token PAPPAY and is ranked 4081 on CoinMarketCap. PAPPY was trading at $0.000042 with a trading volume of US$173,554 on 7 January. PAPPAY was up by 323.89% in the last 24 hours with a fully diluted market cap of US$29,935,582 and supply of 1,000,000,000,000.
It’s not just the investors who are working overtime to maximise the returns seeing the rally. In fact, in the past 24 hours, several fake accounts have been opened in the name of PAPPAY token confusing investors. The project has been vigilant enough to make the users aware of the genuine tokens.
Conclusion
Loaded with strong fundamentals coupled with impressive rallies, PAPPAY does seem to be crypto that has a lot to offer. Having said that, the investors will need a bit more sustained rally for them to gain confidence.
It’s very easy for investors to commit to a token seeing its short-term rally, but market experts advise that as it is a new token it would be advisable to adopt a wait-and-watch approach.
